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Why do Canada’s wealthiest families get huge tax breaks?
Monday, August 24th, 2020
If you’re a billionaire looking to pass on your fortune tax-free to your kids, Canada is a great place to do it… Canada is the only G7 country that doesn’t have an estate tax… Of course, the absence of an inheritance tax is only one of several avenues that the elite have at their disposal to lighten their tax burden. The capital gains tax is another. And its distributional impact is huge… But change is in the air
Tags: budget, economy, featured, ideology, standard of living
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